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SADC Trade with the European Union from a Preferential to a Reciprocal Modality

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  • Rehab O. M. Osman

Abstract

This study employs a global computable general equilibrium (CGE) model to examine the potential impacts of the Economic Partnership Agreements (EPAs) between the European Union (EU) and the Southern African Development Community (SADC). The simulation results suggest that a comprehensive EPA scenario is welfare-improving for many SADC members. SADC preferential access to the EU markets is the key source for the prospective welfare and terms of trade gains. Overall, SADC production structures become more concentrated in export-oriented sectors. These structural changes are accompanied by a high degree of adjustment and substantial fiscal losses.

Suggested Citation

  • Rehab O. M. Osman, 2015. "SADC Trade with the European Union from a Preferential to a Reciprocal Modality," South African Journal of Economics, Economic Society of South Africa, vol. 83(1), pages 23-40, March.
    • Handle: RePEc:bla:sajeco:v:83:y:2015:i:1:p:23-40
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    File URL: http://hdl.handle.net/10.1111/saje.12043
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    References listed on IDEAS

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